Examples of German Collateral in a sentence
The definition of “ German Collateral Agent” contained in Section 1.01 of the Credit Agreement is hereby amended by inserting a reference to the phrase “, the Hong Kong Collateral Documents” immediately after the reference to the phrase “the applicable German Collateral Documents” therein.
Collateral Agent may take such action (including, without limitation, the exercise of all rights, discretions or powers and the granting of consents or releases or the engagement of a notary for execution of any documents required in notarial form) or, as the case may be, refrain from taking such action under or pursuant to the German Collateral Documents as the Lenders may specifically direct the Collateral Agent in writing from time to time.
After verifying that all documentation is complete, the financial management unit of the PMU will prepare the payment order, following which the payment will be made from the designated account to the contractor’s bank account.
Therefore there is a risk that a court could “re-characterise” the sale of Debt Obligations under the German Collateral Acquisition Agreement as a secured loan.
If there arises a breach of any such representation or warranty by the Seller under a Collateral Acquisition Agreement with respect to an Originated Loan, which is capable of being remedied, the Seller will be required by, The Property Portfolio:in the case of a Swiss Collateral Acquisition Agreement, Bedrock or the Servicer, or, in the case of the German Collateral Acquisition Agreement, the Issuer or the Issuer Security Trustee, to remedy such breach within 90 days of becoming aware of such breach.